The demand deposits component of M1 is defined as total demand deposits at commercial banks and foreign related institutions other than those due to the U.S. government, U.S. and foreign depository institutions, and foreign official institutions. In order to avoid double counting those deposits that are simultaneously on the books of two depository institutions, the demand deposit component of M1 excludes cash items in the process of collection (CIPC) and Federal Reserve float. Demand deposits due to depository institutions in the United States and the U.S. government, as well as other demand deposits and CIPC are reported on the FR 2900 and, for institutions that do not file the FR 2900, are estimated using data reported on the Call Reports. Demand deposits held by foreign banks and foreign official institutions are estimated using data reported on the Call Reports. Federal Reserve float is obtained from the consolidated balance sheet of the Federal Reserve Banks, which is published each week in the Federal Reserve Board's H.4.1 statistical release.

The demand deposits component of M1 is defined as total demand deposits at commercial banks and foreign related institutions other than those due to the U.S. government, U.S. and foreign depository institutions, and foreign official institutions. In order to avoid double counting those deposits that are simultaneously on the books of two depository institutions, the demand deposit component of M1 excludes cash items in the process of collection (CIPC) and Federal Reserve float. Demand deposits due to depository institutions in the United States and the U.S. government, as well as other demand deposits and CIPC are reported on the FR 2900 and, for institutions that do not file the FR 2900, are estimated using data reported on the Call Reports. Demand deposits held by foreign banks and foreign official institutions are estimated using data reported on the Call Reports. Federal Reserve float is obtained from the consolidated balance sheet of the Federal Reserve Banks, which is published each week in the Federal Reserve Board's H.4.1 statistical release.

U.S. Recession Peak: or Trough: or Observation Date:
Display integer periods instead of dates (e.g. ...,-1,0,1,...) with the value scaled to 100 at period 0.

Integer Period Range:
to
copy to all

Create your own data transformation: [+]

Need help? [+]

Use a formula to modify and combine data series into a single line. For example, invert an exchange rate a by using formula 1/a, or calculate the spread between 2 interest rates a and b by using formula a - b.

Use the assigned data series variables above (e.g. a, b, ...) together with operators {+, -, *, /, ^}, braces {(,)}, and constants {e.g. 2, 1.5} to create your own formula {e.g. 1/a, a-b, (a+b)/2, (a/(a+b+c))*100}. The default formula 'a' displays only the first data series added to this line. You may also add data series to this line before entering a formula.

Formula:Transformation:will be applied to formula result

U.S. Recession Peak: or Trough: or Observation Date:

Create segments for min, max, and average values: [+]

Do not include this series in calculations (default)
Include this series in calculations
Include this series in calculations but do not display

Data in this graph is copyrighted. Please review the copyright information in the series notes before sharing.

Board of Governors of the Federal Reserve System (US), Demand Deposits at Commercial Banks [DEMDEPSL], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/DEMDEPSL/, March 31, 2015.

Confirm Delete

Are you sure you want to remove this series from the graph? This can not be undone.

Browse Data

Save Settings

Success!

The current graph settings have been saved to your account. Click the 'Apply Saved Settings' link to use these settings on future graphs.

Oops! There was an error.

The current graph settings could not be saved at this time.

This will overwrite any settings you may have previously saved. Do you want to continue?

This feature requires signing in to your user account. Would you like to sign in now?

Apply Saved Settings

Oops! There was an error.

Your saved graph settings could not be retrieved at this time.

Are you sure you want to apply your saved settings to the current graph?

This feature requires signing in to your user account. Would you like to sign in now?

Apply Saved Settings

Oops! There was an error.

The default graph settings could not be retrieved at this time.

Are you sure you want to restore the default settings? This may overwrite any already adjusted settings.